Nichias Income Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Revenue	251,909	256,512	249,390	238,116	216,236
Other Revenue	1	-	1	-	-
Revenue	251,910	256,512	249,391	238,116	216,236
Revenue Growth (YoY)	-1.79%	2.85%	4.74%	10.12%	10.12%
Cost of Revenue	182,013	185,739	184,626	180,107	162,856
Gross Profit	69,897	70,773	64,765	58,009	53,380
Selling, General & Admin	32,883	28,918	27,424	26,154	25,216
Research & Development	-	757	843	642	720
Operating Expenses	32,883	31,041	29,555	28,055	27,115
Operating Income	37,014	39,732	35,210	29,954	26,265
Interest Expense	-214	-232	-160	-163	-146
Interest & Investment Income	744	882	734	594	513
Earnings From Equity Investments	52	63	80	59	82
Currency Exchange Gain (Loss)	588	-86	1,853	1,048	1,793
Other Non Operating Income (Expenses)	1,193	1,333	1,069	1,206	943
EBT Excluding Unusual Items	39,377	41,692	38,786	32,698	29,450
Gain (Loss) on Sale of Investments	226	5,123	187	382	1,432
Gain (Loss) on Sale of Assets	-163	-159	-334	-1,455	1,351
Asset Writedown	-	-418	-94	-679	-1,597
Legal Settlements	-602	-	-	-	-
Other Unusual Items	-123	-881	-194	-125	42
Pretax Income	38,715	45,357	38,351	30,821	30,678
Income Tax Expense	6,957	13,173	11,251	9,281	8,513
Earnings From Continuing Operations	31,758	32,184	27,100	21,540	22,165
Minority Interest in Earnings	-124	-111	-139	-142	-131
Net Income	31,634	32,073	26,961	21,398	22,034
Net Income to Common	31,634	32,073	26,961	21,398	22,034
Net Income Growth	-1.37%	18.96%	26.00%	-2.89%	105.64%
Shares Outstanding (Basic)	64	196	199	199	199
Shares Outstanding (Diluted)	64	196	199	199	199
Shares Change (YoY)	-67.48%	-1.56%	-0.03%	-0.00%	-0.00%
EPS (Basic)	496.77	163.79	135.53	107.53	110.72
EPS (Diluted)	496.77	163.79	135.53	107.53	110.72
EPS Growth	203.30%	20.85%	26.04%	-2.89%	105.64%
Free Cash Flow	15,904	24,482	6,770	10,460	15,811
Free Cash Flow Per Share	249.75	125.02	34.03	52.56	79.45
Dividend Per Share	-	36.000	32.667	30.667	28.667
Dividend Growth	-	10.20%	6.52%	6.98%	10.26%
Gross Margin	27.75%	27.59%	25.97%	24.36%	24.69%
Operating Margin	14.69%	15.49%	14.12%	12.58%	12.15%
Profit Margin	12.56%	12.50%	10.81%	8.99%	10.19%
Free Cash Flow Margin	6.31%	9.54%	2.71%	4.39%	7.31%
EBITDA	44,328	47,358	42,803	37,408	32,881
EBITDA Margin	17.60%	18.46%	17.16%	15.71%	15.21%
D&A For EBITDA	7,314	7,626	7,593	7,454	6,616
EBIT	37,014	39,732	35,210	29,954	26,265
EBIT Margin	14.69%	15.49%	14.12%	12.58%	12.15%
Effective Tax Rate	17.97%	29.04%	29.34%	30.11%	27.75%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.